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VPR Brands LP (VPR Brands LP) Accounts Receivable : $0.43 Mil (As of Dec. 2023)


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What is VPR Brands LP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VPR Brands LP's accounts receivables for the quarter that ended in Dec. 2023 was $0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VPR Brands LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VPR Brands LP's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.00.


VPR Brands LP Accounts Receivable Historical Data

The historical data trend for VPR Brands LP's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VPR Brands LP Accounts Receivable Chart

VPR Brands LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.02 0.33 0.36 0.43

VPR Brands LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.38 0.44 0.58 0.43

VPR Brands LP Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


VPR Brands LP Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

VPR Brands LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.426/1.323*91
=29.38

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), VPR Brands LP's accounts receivable are only considered to be worth 75% of book value:

VPR Brands LP's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.767+0.75 * 0.426+0.5 * 0.564-2.577
-0-0)/88.804
=-0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


VPR Brands LP Accounts Receivable Related Terms

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VPR Brands LP (VPR Brands LP) Business Description

Traded in Other Exchanges
N/A
Address
1141 Sawgrass Corporate Parkway, Sunrise, FL, USA, 33323
VPR Brands LP is engaged in the business of design, market, and distribution of electronic cigarettes, personal vaporizer, and electronic cigarette e liquids. The company markets and sells its products under Helium, Honeystick, Krave, Vaporin, and Vaporx brand names. It also sells CBD products under the Goldline brand. The firm has a portfolio of patents including an electronic cigarette, electronic cigar, and personal vaporizer.
Executives
Kevin Frija director, 10 percent owner, officer: CEO, Chairman and Director 4401 N.W. 167TH STREET, MIAMI FL 33055